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China Xinhua Education Group (HKSE:02779) Forward Dividend Yield % : 7.90% (As of May. 17, 2024)


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What is China Xinhua Education Group Forward Dividend Yield %?

As of today (2024-05-17), the Forward Annual Dividend Yield of China Xinhua Education Group is 7.90%.

As of today (2024-05-17), the Trailing Annual Dividend Yield of China Xinhua Education Group is 8.20%.

HKSE:02779's Forward Dividend Yield % is ranked better than
84.07% of 113 companies
in the Education industry
Industry Median: 3.6 vs HKSE:02779: 7.90

China Xinhua Education Group's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

During the past 12 months, China Xinhua Education Group's average Dividends Per Share Growth Rate was -35.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of China Xinhua Education Group was 23.30% per year. The lowest was 3.20% per year. And the median was 13.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of China Xinhua Education Group's Forward Dividend Yield %

For the Education & Training Services subindustry, China Xinhua Education Group's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Xinhua Education Group's Forward Dividend Yield % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Xinhua Education Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China Xinhua Education Group's Forward Dividend Yield % falls into.



China Xinhua Education Group Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

China Xinhua Education Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0656002023-06-202023-06-232023-07-07Cash DividendannuallyHKD:HKD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

China Xinhua Education Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.0656/0.80
=8.20 %

Current Share Price is HK$0.80.
China Xinhua Education Group's Dividends per Share for the forward twelve months is calculated as HK$0.0656 * 1 = HK$0.0656.

China Xinhua Education Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.0656/0.80
=8.20 %

Current Share Price is HK$0.80.
China Xinhua Education Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.0656.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Xinhua Education Group  (HKSE:02779) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


China Xinhua Education Group Forward Dividend Yield % Related Terms

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China Xinhua Education Group (HKSE:02779) Business Description

Traded in Other Exchanges
N/A
Address
No. 555 West Wangjiangxi Road, High-Tech Development Zone, Anhui Province, Hefei, CHN, 230088
China Xinhua Education Group Ltd is principally engaged in the provision of education services in China. It mainly provides private formal higher education and formal secondary vocational education in the Yangtze River Delta. It currently operates four private schools, namely Anhui Xinhua University, School of Clinical Medicine jointly operated by the Group and Anhui Medical University, Hongshan College, a college jointly operated by the Group and Nanjing University of Finance & Economics Hongshan College, and Anhui Xinhua School. The company generates revenues from tuition fees, and boarding fees out of which tuition fees contribute the majority part.

China Xinhua Education Group (HKSE:02779) Headlines

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